Tag: cme ethereum futures

Ethereum 2.0 deposit contract now holds 4.0412 million ETH This amount in Ethereum is worth roughly $10.8 Billion Continual deposits to the contract show long term commitment by Ethereum investors Ethereum could suffer a short- term correction with the expiry of options this Friday Ethereum investors are continually sending funds to the ETH 2.0 deposit contract almost six months after the upgrade was initiated....

Ethereum is attempting to break away from the influence of Bitcoin in the crypto markets ETH's one-month correlation with Bitcoin has dropped to 68% Ethereum's $2,500 support remains strong after ETH set an all-time high of $2,716 - Binance rate $3k is the next logical target for Ethereum with the new month ahead The second most valuable digital asset in the crypto-verse, Ethereum...

Volume and open interest of the CME Ethereum futures have hit all-time highs CME Ethereum futures volume has hit 5,469 contracts valued at roughly 273.5k ETH The open interest has hit 2,462 contracts, which is the equivalent of 123.1k ETH The data on CME Futures hints that institutions are bullish on Ethereum The CME Group's Ethereum futures contracts have hit all-time highs in...

In brief: Ethereum's monthly returns have been positive for 10 of the last 12 months Ethereum is well on its way towards closing March on a positive note The recent dip to $1,537 could set the pace for Ethereum retesting $2k in April The digital asset of Ethereum has had a volatile few days and the turmoil might have caused many traders to...

Summary: The Ethereum network has seen a rise in daily active addresses Such an increment in network activity points towards Ethereum retesting $2k Ethereum balances on crypto exchanges continue to decrease Ethereum is probably being diverted to DeFi, NFTs, Cold Storage and ETH 2.0 Staking Only a weak Bitcoin will delay Ethereum from retesting $2k The Ethereum network has seen an uptick in...

In brief: Yesterday's market sell-off saw Ethereum dip from $1,900 to $700 in a few hours This is a massive 63% dip Ethereum soon recovered to the $1,800 price area and is currently trading at $1,400 The dip highlights a possible future for Ethereum as Dapps and users migrate to less costly blockchains such as BSC, Cardano, Zilliqa and Tron Yesterday, February 22nd,...

In brief: Ethereum's supply last active 2 - 3 years ago has hit 16.884 million ETH This amount is a 9-month high for Ethereum and 14.7% of its circulating supply Ethereum recently broke the $2k price ceiling and set a new all-time high of $,2,042 - Binance rate The weekly close is a few hours away and Ethereum will be battling to retain...

In brief: Ethereum dropped to as low as $86 during the Coronavirus crash of March 2020 Ethereum has since posted a new all-time high of $1,919 - Binance rate - less than a year later This signifies a 22.3x increment in value or 2,130% in profits $2k is not that far away for Ethereum as ETH accumulation continues by whales Ethereum investors who...

In brief: The daily trade volume of the CME Ethereum futures hits $75.8M 9 days after launch Open interest on the CME Ethereum futures has hit $62M These numbers point towards institutional demand for Ethereum trading products Grayscale has accumulated 194,522 ETH in the last 30 days further confirming institutional demand It has been roughly nine days since the CME Ethereum futures were...

Quick take: ETH held by the top 100 Ethereum whale exchange addresses has dropped to levels last seen 27 months ago The drop is inversely correlated with the price of Ethereum The number of Ethereum addresses holding 10k ETH or more has continued to increase Ethereum could be eyeing $2k very soon The amount of Ethereum held by the top 100 whale exchange...

In brief: Gene Simmons has revealed he bought $300k worth of Ethereum 4 months ago Mr. Simmons bought his bags of Ethereum on the Gemini exchange with the help of Tyler and Cameron Winkelvoss Gene Simmons probably bought Ethereum when it was below $400 His bags are possibly now worth 4.58x more, which is around $1.376 million Gene Simmons has just revealed to...

In brief: Ethereum has returned to bullish territory after the CME ETH Futures went live yesterday Ethereum's bullishness is partly due to Tesla buying Bitcoin and the general crypto market excitement surrounding the event Technical analysis also points to another push up by Ethereum towards $2k Ethereum (ETH) CME futures contracts went live yesterday, February 8th. According to the team at Unfolded, a...

In brief: Ethereum has entered what looks like a brief correction ETH's previous all-time high of $1,480 will be an area of interest should the dip continue Ethereum traders are of the opinion that ETH will drop just like Bitcoin did when the CME BTC Futures went live on December 18th, 2017 However, institutions such as Grayscale, have been scooping up Ethereum The...

In brief: Ethereum miners have earned $3.5 Million in ETH in a single hour This amount is the highest in Ethereum's history The Ethereum network is also experiencing high gas fees with an average transaction costing $12 High gas fees on Ethereum could cause an exodus by developers and users to other blockchain networks Ethereum miners have just earned a whopping $3.5 million...

Summary: Grayscale has added 24,796 ETH to its Ethereum Trust This translates to roughly $38 million in Ethereum Grayscale currently manages $27.5 Billion in digital assets The bullishness surrounding Ethereum has led to ETH futures open interest hitting an all-time high of$5.4B Yesterday, the Wall Street firm of Grayscale Investments purchased 24,796 ETH to add to its Ethereum Trust (ETHE). This amount in...

Quick take: Ethereum has been consolidating around the $1,350 support zone for close to a week This area will be crucial during tonight's weekly and monthly close Ethereum has a big month ahead with Grayscale opening its ETH fund to subscriptions The CME Group also launches its ETH futures on the 8th of February Galaxy Digital is also launching ETH-focused funds in February...

Quick take: Ethereum investors withdrew 659k ETH from crypto exchanges in One Hour on January 22nd This could be the largest net outflow of Ethereum from crypto exchanges in a 24 hour period Ethereum has reclaimed $1,300 and looks set to flip $1,350 into support once again Ethereum investors withdrew 659,000 ETH from crypto exchanges in one hour on the 22nd of this...

Quick take: Ethereum whales holding 10,000+ ETH increased from 1,211 to 1,225 The increment was experienced after Ethereum hit a new all-time high However, smaller Ethereum addresses have taken profits Ethereum is still above $1,200 despite Bitcoin suffering a minor dump The number of Ethereum whales holding 10,000 or more ETH increased by 14 from 1,211 to 1,225. This is according to data...

Quick take: Deribit has just announced the addition of the ETH $20k strike to its December 2021 options contracts Such a strike price points towards a demand for such a product by Ethereum bulls Ethereum has just set a new all- time high of $1,438 and looks keen to keep moving up The crypto derivatives exchange of Deribit has just added the Ethereum $20k...